FHA 2020 Loan Limits Set
December 4, 2019
Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are based on the
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Conforming Loan Limit Increased to $510,400
November 26, 2019
The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on Tuesday
Backyard bungalows are becoming big business for homeowners and builders
October 23, 2019
KEY POINTS Second homes, formally called accessory dwelling units (ADUs), are cropping up in back and side yards across America, acting as either rental units
2018’s Home Sales Slump Now Fully Erased
September 19, 2019
While the increase wasn’t as strong as in July, last month’s existing home sales posted a second straight month of gains and, as previously, the National Association
Fed cuts interest rates, signals holding pattern for now
September 19, 2019
WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar
People who bought homes in the past 2 years could see ‘significant’ savings by refinancing now
September 4, 2019
Home loan rates are down about 1.25% from their 2018 peak, “which can translate to $2,200 a year in savings on a $250,000 mortgage,” says
New FHA Rule Will Ease Condo Approval Process
August 15, 2019
The long-waited Federal Housing Administration (FHA) rule regulating condominium lending was finalized Wednesday afternoon. The Department of Housing and Urban Development (HUD), the parent agency
Top 10 Features Millennials Want—and Don’t Want
August 13, 2019
At least four out of five millennial buyers prefer laundry rooms, hardwood front exteriors, patios and garage storage. Conversely, they give a thumbs down to
The 10 major U.S. cities where housing costs have increased the most
August 13, 2019
If you want to live in a big city but have a tight budget, you may want to avoid places such as Miami and and
Millennials drive mortgage refinance boom, and lenders are scrambling
August 9, 2019
KEY POINTS Refinance applications were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. That has lenders
